Global oil prices have fallen in early trading in Asia on Tuesday - they had soared to almost $120 a barrel at one point on ...

President Trump has issued another warning to Iran about disrupting shipping in the Strait of Hormuz. "If Iran does anything ...

DUBAI, United Arab Emirates (AP) — Oil prices surged and markets slid Monday after hard-line Ayatollah Mojtaba Khamenei was chosen to succeed his late father as Iran’s supreme leader, signaling that ...

WASHINGTON (AP) — A U.S. intelligence assessment completed shortly before the United States and Israel launched a war in Iran ...

As the Gulf war intensifies, Kharg Island has emerged as a high-stakes flashpoint, with US President Donald Trump reportedly weighing options to strike Iran's oil hub — a move that could cripple ...

President Trump spoke to Republican lawmakers gathering at his golf club in Florida. G.O.P. members of Congress are eager to show their work to ease Americans’ economic stress before the midterm ...

The island serves as Iran’s primary crude oil export terminal, handling around 90 per cent of Iran’s oil exports ...